Monday, Jun 18, 16:39 GMT

ASIA-PACIFIC Trading Newsletter

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Live Sessions Schedule

Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jun 19, 09:00 GMT
Sponsored by:
Type of Session: Webinar

What moves currencies?
Expert: Tony Juste
Start: Tue, Jun 19, 10:00 GMT
Sponsored by:
Type of Session: Webinar

Sponsored By:
Mon, Jun 18, 21:00 GMT	FX Daily Wrap Up	Derek Frey	WBN
Tue, Jun 19, 09:00 GMT	Outlook for the major currencies this week	Ian Copsey	WBN
Tue, Jun 19, 10:00 GMT	What moves currencies?	Tony Juste	WBN
Tue, Jun 19, 12:00 GMT	US Pre-Market Open	Ed Ponsi	WBN
Tue, Jun 19, 13:00 GMT	Raghee Horner's Four Step Trading: Forex	Raghee Horner	WBN

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Current Session: U.S.

USD/CHF

Mid-Day Forex Technical Report - Focus on Housing Data and Trichet's Speech by ActionForex.com

USD/CHF's retreat from 1.2468 continues today and reaches as low as 1.2403 so far. As discussed before, a short term top is in place at 1.2468 with 4 hours MACD staying below signal line. At this point, further retreat is expected to be seen towards 4 hours 55 EMA (now at 1.2372) or probably further to 38.2% retracement of 1.2146 to 1.2468 at 1.2345).

[ Full Story ]

Check the latest technical comments by Tony Juste
The Signals Tracker: track down the performance of a particular signals provider
Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Be up to date with the Latest Forex News

Currencies at a Glance

EUR/USD: Continues to trade below first resistant level 1.3416
06/18/2007 16:34 GMT
GBP/USD: Trades around second resistant level 1.9831
06/18/2007 16:34 GMT
USD/CHF: Stays above first support level 1.2393
06/18/2007 16:34 GMT
USD/JPY: Trades slightly below first resistant level 123.78
06/18/2007 16:34 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD

**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

EUR USD, Hourly

GBP USD, Hourly

Top Market Movers Preview

US NAHB HOUSING MARKET INDEX

Date (GMT)		Event	Cons.	Previous
Jun 18	17:00	NAHB Housing Market Index	29	30

Economic Commentary - Housing Chartbook - June 2007 by Wachovia

The drags on U.S. GDP growth probably will diminish this year. Housing is likely to be less of a drag, as are the auto and trucking sectors.

[ Full Story ]

Top Market Movers Review

Suiza INDUSTRIAL PRODUCTION

Date (GMT)		Event	Actual	Cons.	Previous
Jun 18	07:15	Industrial Production (QoQ)	1.1%	-	8.5%
Jun 18	07:15	Industrial Production (YoY)	7.3%	7.9%	8.9%

European Market Update - Swiss Industrial Production Drops by More than Expected by Trade The News

Swiss industrial production, the only European economic release today, declined by more than expected during the first-quarter to â€“4.7% from an upwardly revised 8.5% during the fourth-quarter.

[ Full Story ]

Swiss statistics homepage
Swiss Q1 industrial output up 7.3 pct year-on-year (AFX News)
Swiss Industrial production increases 7.3% on the year (FXstreet.com)

Economic Events

Date (GMT)		Country	Event	Actual	Cons.	Previous
Jun 18	07:15	CH	Industrial Production (QoQ) (1Q)	1.1%		8.5%
	07:15	CH	Industrial Production (YoY) (1Q)	7.3%	7.9%	8.9%
	12:30	CA	International Securities Transactions (Apr)	$1.54B	$3.00B	$4.53B
	17:00	US	NAHB Housing Market Index (Jun)		29	30
Jun 19	09:00	DE	ZEW Survey - Economic Sentiment (Jun)		30	24
	11:50	JP	BoJ Minutes (Apr 27)
	12:30	US	Building Permits (MoM) (May)		1.475M	1.457M
	12:30	US	Housing Starts (YoY) (May)		1.485M	1.530M
Jun 20	08:30	UK	Bank of England Minutes
	08:30	UK	M4 Money Supply (MoM)		1.0%	1.3%